3706.45 Report to Ohio air quality development authority; issuance of credit.

(A) An owner or operator of a qualifying nuclear resource or qualifying renewable resource whose application was approved under section 3706.43 of the Revised Code shall report to the Ohio air quality development authority, not later than seven days after the close of each quarter, the number of megawatt hours the resource produced, if any, in the previous quarter. The first report shall be made not later than April 7, 2020, and the last report shall be made not later than January 7, 2027. The information reported shall be in accordance with data from the generation attribute tracking designated by the authority.

(B) The authority shall issue one nuclear resource credit to a qualifying nuclear resource for each megawatt hour of electricity that is both reported under division (A) of this section and approved by the authority. The authority shall issue one renewable energy credit to a qualifying renewable resource for each megawatt hour of electricity that is both reported under division (A) of this section and approved by the authority.

(C) Except as provided in section 3706.61 of the Revised Code, the price for a nuclear resource credit paid under section 3706.55 of the Revised Code shall be nine dollars.

(D) The price for a renewable energy credit paid under section 3706.55 of the Revised Code shall be nine dollars.


Added by 133rd General Assembly File No. TBD, HB 6, §1, eff. 10/22/2019.